TIDEWATER

Veedol Corporation Share Price

₹2,186.95
-35.25 (-1.59%)
05 October, 2024 06:29 BSE: 590005 NSE: TIDEWATER ISIN: INE484C01030

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Veedol Corporation Performance

Day Range

  • Low 2,166
  • High 2,240
₹ 2,186

52 Week Range

  • Low 1,108
  • High 2,800
₹ 2,186
  • Open Price2,221
  • Previous Close2,222
  • Volume14222

Veedol Corporation Chart

  • Over 1 Month -12.56%
  • Over 3 Month -8.99%
  • Over 6 Month + 35.9%
  • Over 1 Year + 81.03%

Veedol Corporation Key Statistics

P/E Ratio 25.6
PEG Ratio 0.8
Market Cap Cr 3,811
Price to Book Ratio 4.5
EPS 63.7
Dividend 2.4
Relative Strength Index 32.82
Money Flow Index 37.77
MACD Signal -46.24
Average True Range 80.26

Veedol Corporation Investment Rating

  • Master Rating:
  • Tide Water Oil India has an operating revenue of Rs. 1,936.32 Cr. on a trailing 12-month basis. An annual revenue growth of 5% is not great, Pre-tax margin of 9% is okay, ROE of 17% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and around 22% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 78 which is a FAIR score but needs to improve its earnings, a RS Rating of 70 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 121 indicates it belongs to a poor industry group of Oil&Gas-Refining/Mktg and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Veedol Corporation Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 378387404381383389
Operating Expenses Qtr Cr 360359381363361368
Operating Profit Qtr Cr 182923182220
Depreciation Qtr Cr 422222
Interest Qtr Cr 100000
Tax Qtr Cr 787574
Net Profit Qtr Cr 273726212623
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,6121,528
Operating Expenses Annual Cr 1,4641,411
Operating Profit Annual in Cr 9181
Depreciation Cr 1010
Interest Annual Cr 11
Tax Annual Cr 2721
Net Profit Annual Cr 11185
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 9454
Cash from Investing Activity Annual Cr -3631
Cash from Financing Annual Activity Cr -85-68
Net Cash Flow Annual Cr -2718
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 713684
Fixed Assets Annual Cr 114111
Total Non Current Assets Annual Cr 338340
Total Current Assets Annual Cr 624599
Total Assets Annual Cr 962939
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 419403
ROE Annual % 1612
ROCE Annual % 1815
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 108
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 479487496474474470
Operating Expenses Qtr Cr 437440455433435429
Operating Profit Qtr Cr 414742423941
Depreciation Qtr Cr 544444
Interest Qtr Cr 101000
Tax Qtr Cr 13131110118
Net Profit Qtr Cr 374334353134
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,9531,869
Operating Expenses Annual Cr 1,7621,712
Operating Profit Annual in Cr 169142
Depreciation Cr 1516
Interest Annual Cr 21
Tax Annual Cr 4433
Net Profit Annual Cr 143114
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 156103
Cash from Investing Activity Annual Cr -926
Cash from Financing Annual Activity Cr -85-81
Net Cash Flow Annual Cr -2228
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 827764
Fixed Assets Annual Cr 183152
Total Non Current Assets Annual Cr 385356
Total Current Assets Annual Cr 771742
Total Assets Annual Cr 1,1561,098
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 487449
ROE Annual % 1715
ROCE Annual % 2017
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 108

Veedol Corporation Technicals

EMA & SMA

Current Price
₹2,186.95
-35.25 (-1.59%)
pointer
  • Bullish Moving Average
  • ___
  • 3
  • Bearish Moving Average
  • ___
  • 13
  • 20 Day
  • ₹2,338.01
  • 50 Day
  • ₹2,363.78
  • 100 Day
  • ₹2,239.94
  • 200 Day
  • ₹1,981.71
  • 20 Day
  • ₹2,347.88
  • 50 Day
  • ₹2,459.35
  • 100 Day
  • ₹2,260.31
  • 200 Day
  • ₹1,905.70

Veedol Corporation Resistance and Support

PIVOT
₹2,197.69
Resistance
First Resistance 2,229.27
Second Resistance 2,271.58
Third Resistance 2,303.17
RSI 32.82
MFI 37.77
MACD Single Line -46.24
MACD -61.00
Support
First Support 2,155.37
Second Support 2,123.78
Third Supoort 2,081.47

Veedol Corporation Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 17,051 817,595 47.95
Week 19,249 1,007,698 52.35
1 Month 22,330 1,066,695 47.77
6 Month 73,437 3,249,597 44.25

Veedol Corporation Result Highlights

Veedol Corporation Synopsis

NSE-Oil&Gas-Refining/Mktg

Veedol Corporation is involved in the business activities of Production of liquid and gaseous fuels, illuminating oils, lubricating oils or greases or other products from crude petroleum or bituminous minerals. Company’s Total Operating Revenue is Rs. 1555.13 Cr. and Equity Capital is Rs. 3.40 Cr. for the Year ended 31/03/2024. Tide Water Oil Company India Ltd. is a Public Limited Listed company incorporated on 26/10/1921 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L23209WB1921PLC004357 and registration number is 004357.
Market Cap 3,872
Sales 1,550
Shares in Float 0.63
No of funds 66
Yield 2.34
Book Value 5.3
U/D Vol ratio 1.2
LTDebt / Equity
Alpha 0.16
Beta 1.19

Veedol Corporation Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 64.15%62.27%62.27%57.28%
Mutual Funds 0.06%0.05%0.04%0.03%
Insurance Companies 1.12%1.12%1.18%2.04%
Foreign Portfolio Investors 1.98%1.51%1.38%0.97%
Financial Institutions/ Banks 0.05%0.05%0.05%0.05%
Individual Investors 26.52%28.81%28.64%29.24%
Others 6.12%6.19%6.44%10.39%

Veedol Corporation Management

Name Designation
Mr. D S Chandavarkar Chairman
Mr. Arijit Basu Managing Director
Mr. Vinod S Vyas Non Executive Director
Mr. Ananta Mohan Singh Non Executive Director
Mr. Vijay Mittal Non Executive Director
Mr. P S Bhattacharyya Independent Director
Mr. Subir Das Independent Director
Mr. P Y Gurav Independent Director
Mr. Praveen P Kadle Independent Director
Mrs. B S Sihag Independent Director

Veedol Corporation Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Veedol Corporation Corporate Action

Date Purpose Remarks
2024-08-13 Quarterly Results
2024-05-18 Audited Results & Final Dividend
2024-02-13 Quarterly Results & Interim Dividend
2023-11-11 Quarterly Results & Interim Dividend
2023-08-11 Quarterly Results
Date Purpose Remarks
2024-02-22 INTERIM Rs.12.00 per share(600%)Second Interim Dividend
2023-11-21 INTERIM Rs.20.00 per share(1000%)First Interim Dividend
2023-02-22 INTERIM Rs.10.00 per share(500%)Third Interim Dividend
2022-11-22 INTERIM Rs.12.00 per share(600%)Second Interim Dividend
2022-08-23 INTERIM Rs.5.00 per share(250%)Interim Dividend
Date Purpose Remarks
2021-07-27 Bonus Rs.0.00 Issue in the ratio of 1:1.of Rs. 2/- each.
Date Purpose Remarks
2021-07-27 Split Rs.0.00 split from Rs. 5/- to Rs. 2/- each.

Veedol Corporation FAQs

What is Share Price of Veedol Corporation ?

Veedol Corporation share price is ₹2,186 As on 05 October, 2024 | 06:15

What is the Market Cap of Veedol Corporation ?

The Market Cap of Veedol Corporation is ₹3810.5 Cr As on 05 October, 2024 | 06:15

What is the P/E ratio of Veedol Corporation ?

The P/E ratio of Veedol Corporation is 25.6 As on 05 October, 2024 | 06:15

What is the PB ratio of Veedol Corporation ?

The PB ratio of Veedol Corporation is 4.5 As on 05 October, 2024 | 06:15

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